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Listing Courtesy Of:

Listing Office: Realty ONE Group Boardwalk

Listing Office Phone: (262) 586-7900

1116 Grove Ave, Unit 1118 Racine, WI 53405

$414,900

Active / MLS# 1956721 / Multi Unit - Multiple / Racine

0 Beds

Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$

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Property Details

Property Type: Multi Unit - Multiple

Basement: None

Home Style: Apartment Building

Lot Size: 0.11 Acres

Taxes: $7,533

Year Built: 1969

Feature Descriptions

Data Source: Metro MLS

Exterior: Brick, Low Maintenance Trim, Wood

Flood Plain: No

Garage/Parking: Near Public Transit, Outdoor Space

Heating/Cooling: Central Air, Electric, Indiv. Heating Units, Natural Gas, Wall/Sleeve Air

Parking Spaces: 4.00

Unit 1 Type: 1 Bath,1 Bedroom, Air Conditioning, Balcony/Patio, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Washer/Dryer

Units: 4

Water/Sewer: Municipal Sewer, Municipal Water

Zoning: mixed-use

Schools

School District: Racine Unified

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/05/2026. The listing information on this page last changed on 08/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 08/05/2026 12:13:13 AM EST) or MRED MLS (last updated Wed 08/05/2026 12:04:59 AM EST) or NIRA MLS (last updated Tue 08/04/2026 11:04:46 PM EST) or METROMLS (last updated Wed 08/05/2026 12:09:21 AM EST) or Miami MLS (last updated Wed 08/05/2026 12:08:50 AM EST) or Stellar MLS (last updated Tue 08/04/2026 11:58:57 PM EST) or SPC MLS (last updated Tue 08/04/2026 11:20:55 PM EST) or Emerald Coast MLS (last updated Wed 08/05/2026 12:05:23 AM EST) or Fort Myers (last updated Tue 08/04/2026 11:05:03 PM EST) or Beaches MLS (last updated Wed 08/05/2026 12:05:25 AM EST) or Naples MLS (last updated Tue 08/04/2026 11:40:19 PM EST) or Bonita Springs MLS (last updated Tue 08/04/2026 11:02:17 PM EST). Real estate listings held by brokerage firms other than Baird & Warner may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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Data Source: Metro MLS

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1116 Grove Ave, Unit 1118 Racine, WI 53405

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1116 Grove Ave, Unit 1118 Racine, WI 53405

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